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JPMorgan Chase CEO Bashes Crypto Again; Judge Accepts Binance Founder CZ's Guilty Plea

"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines today, including JPMorgan Chase CEO Jamie Dimon telling lawmakers in a hearing examining the U.S. banking industry Wednesday, "I've always been deeply opposed to bitcoin" and "If I was the government, I'd close it down." There are new legal developments for the former CEO of Binance. And, a closer look at India's stance on crypto legislation.

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JPMorgan's Jamie Dimon Slams Crypto: 'If I Was the Government, I'd Close it Down'

JPMorgan Chase CEO Jamie Dimon bashed the crypto industry at a U.S. Senate hearing Wednesday, saying that he would "close it down" if he was the government. Matrixport head of research and strategy Markus Thielen weighs in on Dimon's comments, despite the Wall Street bank becoming a leader in using blockchain technology to move billions.

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Politiche

Jamie Dimon di JPMorgan critica le Cripto: "Le chiuderei"

Il CEO della potente banca di Wall Street preferirebbe annullare le Cripto, sebbene JPMorgan stia utilizzando la Tecnologie blockchain, intrinsecamente correlata, per spostare miliardi.

JPMorgan Chase CEO Jamie Dimon sees eye-to-eye with longtime Wall Street critic Sen. Elizabeth Warren on distrusting crypto.  (Chip Somodevilla/Getty Images)

Tecnologie

JPMorgan e Apollo tokenizzano i fondi in "Proof of Concept" con Axelar, Oasis e Provenance

L'obiettivo del progetto era consentire ai gestori patrimoniali di tokenizzare i fondi e di poter acquistare e ribilanciare posizioni in asset tokenizzati su più catene interconnesse.

(Shutterstock)

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Binance Is Leaving Russia; Coinbase CEO Calls Out Chase UK for 'Totally Inappropriate Behavior'

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Binance selling its Russian unit as it looks for a complete exit from the market. Coinbase CEO Brian Armstrong calls out Chase, as the banking giant gets ready to ban crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients. And, SEC Chair Gary Gensler testifies before lawmakers on Wednesday.

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Mercati

La WIN legale di Grayscale contro la SEC rende più probabile l'approvazione dell'ETF spot Bitcoin : JPMorgan

Secondo il rapporto, affinché la SEC possa difendere il suo rifiuto alla proposta di Grayscale di convertire GBTC in un ETF, dovrebbe ritirare la precedente approvazione degli ETF Bitcoin basati su future, il che è improbabile.

Grayscale ad (Nikhilesh De/CoinDesk)

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Federal Reserve Launches Instant Payments Service 'FedNow'

The U.S. Federal Reserve announced that the central bank has officially gone live with its controversial instant payments service, FedNow. Early adopters include JPMorgan Chase and Wells Fargo, with 16 other institutions supporting the service. "The Hash" panel discusses the recent criticism as the Fed says its new service will operate for 24 hours every single day.

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Crypto's Role as First Republic Bank Is Seized and Sold to JPMorgan Chase

JPMorgan Chase will acquire most of First Republic’s assets and deposits after the bank’s collapse. This is the third major bank to fail in 2023 and the second-biggest bank failure in U.S. history. CoinDesk Senior Research Analyst George Kaloudis weighs in on what this could mean for the crypto industry.

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Jamie Dimon: 'This Part of the Crisis Is Over' After JPMorgan Chase Buys Failed First Republic Bank

JPMorgan Chase is buying most assets of troubled First Republic Bank in a deal announced Monday after the second-largest bank failure in U.S. history, behind only Washington Mutual. "This part of the crisis is over," JPMorgan Chase CEO Jamie Dimon said. "The Hash" panel discusses the latest banking jitters.

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Crypto Outlook After First Republic Bank Takeover

The FDIC announced it briefly took possession of First Republic Bank, and JPMorgan Chase will now acquire most of its assets and deposits. This is the third major bank to fail in 2023 and the second-biggest bank failure in U.S. history. Jason Brett, Key Bridge Advisors managing director and former FDIC regulator, discusses the potential impact on the crypto markets and what it could mean for the overall health of the regional banking sector. "Everything is happening at a much faster pace" compared to 2008, Brett said.

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